it's not right to work states. you know what what needs to happen just now well i think what needs to happen now for the labor movement is to clearly articulate its positions on these issues and right to work sounds like a nice term you know you get a rate great job but it's you know you basically have a union representing you and you asked to pay a tax you know we have republicans in congress i stuff to pay my taxes i mean this is a basic concept so it sounds like a nice phrase and it's going to be batted around but you know what i found really interesting was that mitch daniels and the sponsor the state of the united mention the right to work legislation even though there were protesters outside of the building where he was speaking he didn't mention it at all and so the were the attack on workers even if you look at the coverage indiana got compared to wisconsin and other things is slowly diminishing as everybody gets into this horse reeks of politics and it's really it's really quite scary when you look around in your coverage and the work that you've done what are the states that you see that are the most promising in terms of making headway on this. god it's pretty bad

over. i mean i think you know there's a lot of interesting organizing going on in a lot of different places. and there's also a lot of organizing that's not being done properly and no organizing at all i mean there's going to be a lot of big fights i mean right to work going to be on the ballot in minnesota this this fall and you know this could be a lot of big battles biggest takeaway from the flint sit down strike i think the biggest to go away is that. you know occupy is great in a lot of ways it makes a political message but in order to really hurt companies you have to hurt their profits and that's what the flint sit down straight was able to do when i was talking to an occupy a member who couple guys got inspired to go into a call center and they decided to get hired there just to unionize it and then to you know you move beyond just political messaging and it's actually hurting somebody bottom line through organizing and going on strike you're not really going to make much headway in terms of changing things yeah i thought it was really interesting they targeted two factories that made you know

a certain part that was not made anywhere else and when that part's not made everything stop so interesting stuff a little historic history for this friday labor journalist michaela. and members of the occupy movement made sure their voices were heard a loud and clear today about one hundred of them gathered outside of c. packed the conservative political action committee to share their belief that super pac is a powwow for the one percent inside as several high profile speakers shared their ideas on what's wrong with this country and why it needs to change our correspondent liz wahl checked it all out and brings us this report. it's day two of c pac where cream of the crop conservatives gather for their annual convention shrinking government taxing the right to own guns fighting abortion eliminating obamacare these are the issues that conservatives want to bring to the forefront here today at the pac from conservative puppets i want to make sure that we can fix america put people back to work get us back in the top five or maybe even make the

playoffs this year two blasts from the past we're coming back after a couple hundred years we've gotten off track and we want to come back and try to help out here preaching conservative values our morals are being stepped upon and now many girls are believing fortune is right law abiding citizens need to protect themselves against criminals. among today's conservative speakers and cool turf is the most important election of our lifetime because this is the only shot we have to repeal obamacare. among her boldest claims my bodyguard will back me up on this all pretty girls are right way. beyond the convention walls a very different vision for america well outside another of that is going down it's occupy c. pac now protesters are not allowed inside the hotel or even on hotel property but they are making

a loud presence here across the street. they're protesting the very idea is being preached inside they want less legislation on business when business is trying to systematically remove any safety net that anybody could possibly utilize to to save them from starvation poverty and here's mitt and the tax dodgers mitt romney's been writing the rules on tax for a while getting away with murder he pays half the tax rate that his secretary pays if that's not american opportunity they don't know what is so as those on the inside focus on finding a conservative or plays. meant for obama occupiers outside say it's the whole system that needs to change in washington liz wahl r.t. . once talk about an increasing problem in this country related to tough economic times and unemployment rate above eight percent and the decision having to be made by so many americans about where to cut back and many cases therefore to force the cop back on what they eat and it's not just the poorest of the poor in many cases

it's people who've come from good jobs and stable families and never imagined they'd be in this place today one of those people is christopher coke is a mid career journalist and he's had a tough time getting as much work as he needs to pay the bills so we've documented his struggles and his decision to apply for food stamps prez's also the author of diet for a dead planet big business and the coming food crisis we spoke earlier about his choice to turn to government assistance take a listen i will thanks for having me and. i have known for quite some time given my own personal situation that i was sliding closer and closer toward a very precarious situation financially. and this is again a more structural long term issue both for writers and journalists in america increasingly who are squeezed out of the industry not of the economy of course

for a growing number of americans we now it's like forty six million plus americans on food stamps today. in my own case which is not unusual at all. you know you've and your income doesn't match your costs and costs down they always go up. income has remained. or gone down in real dollars for myself in american and you know you at a certain point you realize that now. you know what about these attacks that we've seen from the right i mean you know we just saw this thing from newt gingrich also sean hannity on fox news he says you know unlike people with the quote entitlements nine lines that he'd never want to go on food stamps do you chris have the entitlement mindset. absolutely not but i think that at the same time you know i think that whole word whole framing of that is really problematic. you know we

don't talk about military spending as an entitlement and the people there's so much both from the political leaders. mainly republican been but many democrats too and many ordinary americans have of ignorance and judgment about the situation that people are in when they go on food stamps people not just myself people who are who are much less fortunate. who find themselves with absolutely nowhere else to turn no saving rear no family support network support network and you that i'd like to see some of these politicians and i know. what they would do if that happened the situation you know i ran this income calculus was on the web about mitt romney's income compared to mine and it's both sad and funny i mean it would take a mitt romney somewhere around six hours hours to earn what i earn in a year and at the same time it would take me about fourteen hundred forty four

years and some change to make what he meant wow so there is. and that's just remarkable i don't want to make i don't need to make what he makes yeah that's interesting when you when you put it in those terms certainly different regions of this country face a different issue but i want to focus for one second about what's on what's happening in alabama now under a new immigration law some u.s. born children with parents who are illegal immigrants these children have been denied food stamps even though the food stamps are for the children who are citizens talk a little bit about that issue that we're seeing right now. it's incredible i mean it's the same it's the same political vein that goes about blaming people who are at the very bottom create an income you know states across the u.s. where there's some openings the attacks on immigrants children of immigrants welfare recipients food stamp recipients remarkable because you know all these

people are at the very economic bottom of society and the actual factual reality is that they work incredibly hard just to survive and in the case of immigrants especially non immigrants who are at the bottom because they do some of the toughest dirtiest jobs that nobody else seems to want to do or is going to do they do them for rock bottom wages which is why many. go on food stamps not just unemployed people and at the same time you know they pay their taxes. you know their money goes directly into the economy the same way there's this whole judgment about and says if it's thrown away money you know this is actually in the a direct economics you know i get and others get the food stamp payments and they may go into the food retail sector and so this creates or enables pain jobs in the food retail sector i'm not saying we should all be on food stamps things that there are a vital basics of. for people just to get by until they can do something you know

them and be a little better off financially or more stable and if you the economy in a direct way and you know in the case of them i mean they're constantly there's no other word for it they're just being scapegoated for a much larger economic crisis it is certainly interesting when you look at the alternative which is letting people go hungry interesting discussion there christopher coke author of diet for a dead planet and be sure to tune in to our team next week for a brand new line up who's afraid of the big bad china the u.s. is as a matter of fact from attack ads to stigmatizing speeches it seems the best way to gain friends within the u.s. is to bash foreign enemies but it wasn't always that way as president obama gets ready for his date with china's vice president on valentine's day we'll show you the schizophrenia attitude the u.s. often shows to the east plus one year and one leader down libya is

still in shambles so was the u.s. led intervention really worth risking america's reputation meanwhile syria's chaos has split the international community in half well this be a case of libya deja vu. and the first cut is the deepest but it's certainly going to take a lot more than one cut to save greece from default so as the european union debates the fate of athens what will the decision mean for your pocketbook we'll explore those are just a few of the stories we have on tap for you next week along with much more news and in-depth interviews so you should keep it's tuned right here on our t.v. but for now that's going to do it but if you missed any of the shows today you can find all of my interviews online just go to our team dot com slash usa there you'll see my interview with author wayne allen root he gave me his thoughts on why fox business network canceled judge internal politics or no show you can also check out

our you tube page it's youtube dot com slash r t america and of course you can follow me on twitter at christine for have a great night. i'm

max keiser this is the kaiser report we got him just where we want to go thanks climax this first headline is the theme of the show ok it's all new akbar alou gold bar we're all terrorists now believe in a return to the gold standard you are now officially in extremis according to the f.b.i. yeah we've got of just where we want you know they're trying to keep the gold price keep because it makes a mockery of the us dollar so the f.b.i.

is saying if you buy gold you're a terrorist thus increasing the panic buying of gold around the world this is just like the federal reserve chairman ben bernanke trying to talk as way into some kind of economic nirvana which is failed miserably now the f.b.i. believes that they're hard to top the economists are going to talk gold down yeah right that's going to happen you've idiots you're only going to cause more panic buying i would have bought more. in fact is actually worse than what this headline from zero hedge suggests they are saying that if you believe in a return to the gold standard you're in extremis according to the f.b.i. in fact is actually if you think that the u.s. government went bankrupt by going off the gold standard you're an extremist now no look at the full context however of the f.b.i. warning f.b.i. warns of threats from anti-government extremists now if it weren't for the goal warning you would think these were bankers anti-government extremists opposed to

taxes and regulations pose a growing threat to local law enforcement officers in the united states the f.b.i. warned on monday these extremist sometimes known as sovereign citizens believe they can live outside any type of government authority the f.b.i. said the extremists may refuse to pay taxes defy government environmental regulations and believe the united states went bankrupt by going off a gold standard why no i don't like the way the refer to the past and they say the f.b.i. is saying that the united states went bankrupt when it got off the gold standard guess what the u.s. got off the gold standard and they filled the economy worth of now fifteen plus trillion in debt that's true. one so the f.b.i. is saying if in fact you pick up a history book if you look at a fact on the internet if you speak with

a neighbor about the fact of the reality of the bankruptcy the united states oh you're going to we're going to come after you and we're going to cause massive global panic buying of gold because this whole smart we are the f.b.i. mentions that these so-called sovereign citizens are committing many crimes mostly white collar crimes of fraud they say again if it were not for that one single sentence of gold standard issue you would not. know the difference between who they're talking about and bankers and how many taxes did goldman sachs or j.p. morgan pay last year max about one percent of income general electric zero ok so they these extremist refuse to pay taxes how many regulations does jamie dimon say he wants to abide by. he goes to other countries like canada and gets them to go around their own regulations exactly however we're going to turn to some more extremism max how your dollar got to be worth just three point eight cents this is

an extremist chart from credit suisse bank on the extremist web site business insider dot com and you can see from the chart on the read the rising prices notice how prices really started to take off max after nineteen seventy one the blue is the purchasing power in one thousand nine hundred dollars now notice the two huge catastrophic drops of about fifty percent at a ten year period when your purchasing power dropped by fifty percent the first time nineteen ten to one nine hundred twenty what happened in that ten year period . the federal reserve was created then the second one thousand nine hundred seventy two one thousand eighty do you remember what happened in that ten year period max unlike me we went off the gold standard so this is an extremist chart you might be arrested for looking at it. if that's correct as you point out from one nine hundred seventy one when the u.s.

went off the gold standard to the president the dollar lost like ninety seven percent of its value it's about believe it or not it's about to lose another sixty or seventy percent of its value ben bernanke he is self in his recent testimony said by inflation targeting he wants the u.s. to lose thirty three percent of its purchasing power over the next five to six years ok so by all the f.b.i. is definition they should be frog marching ben bernanke out of the federal reserve into the prison system but i don't get it was worth the double standard that oh that's right you're panic people buy into panic buying of gold smart move now again we're going to turn to an extremist series of maps here and you'll find that in fact. the reason why the f.b.i. is warning i believe a against people saying the u.s. went bankrupt by going off the gold standard if you look at these series of charts from one nine hundred seventy to one thousand nine hundred to one thousand nine hundred to two thousand what you notice is that in fact in one nine hundred seventy

the u.s. was already bankrupt and then they went off the gold standard if you look at the rest of the globe and all these maps one zero had in fact the rest of the world was pretty solvent while the u.s. was going bankrupt but what happened once the u.s. and the rest of the world went off the gold standard the rest of the world became bankrupt. you know because of the toxic derivatives that are floating in all the other banks around the world that are manufactured in the united states because the u.s. is off the gold standard and as you point out in the seventy's they were already bankrupt because of the vietnam war that they couldn't pay for and i noticed that the f.b.i. has issued a statement saying that unless america gets out of these wars if they can't pay for it will continue to be bankrupt i don't see the cia or obama saying that unless america stops these wars around the world that they can't pay for that the u.s. will continue to be in bankruptcy so that those words are not in the dictionary down there at langley or ever you're hanging out watching this show and panic

buying gold i know you are again let's return to this last chart there the last map of the external debt to g.d.p. . when it's a gold standard if the us had was in debt they had a trade deficit that meant they had to sell and their gold to friends they had to send gold to britain meaning that britain had a surplus and they were not in debt and they were not bankrupt however as you see from this last chart here in the last decade every single nation on earth is bankrupt therefore where is the wealth going to come from we are all bankrupt but one point and the use of the language is really phenomenal like this use of the word sovereign if you wish solvency or terrorist i mean this is exactly what they're telling the people in greece people in greece would like economic sovereignty to the people of greece would like sovereign say but the troika the i.m.f. the e.c.b. and whatever other folk talked organization they got down there saying that no sovereignty is for job you want to be a debt slave you want to be

a chimp like us here take more debt and the greek people are like well gosh i'm not sure is really what we should be doing while we're eating our suv walking. speaking of greece we have greece in the headlines max dramatic drop in budget revenues now this might be in extremis language here too but finance ministry in greece there is reporting that january data shows a revenue decline of seven percent against their budget projections of a rise of eight point nine percent it's unfruitful like argentina for the same reason the other clip the crabs come in and steal all your money now the economy is in freefall and it's going the way of all flush into the terminal decline and the greek experiment only five thousand years old is finished and remember it's the people who have been for the last few years resisting the i.m.f. and the e.u. and the troika they're the extremist we're still value added tax receipts posted an

eighteen point seven percent decrease last month from january this follows a last year here's a headline max greece increases reduced vats and austerity measures so to get the last round of bailouts they had to increase their of that from thirteen percent to twenty three percent on food it's resulted in a catastrophic decline in revenues so the person is skyrocketing so nobody can afford it anymore to make a good use of old grapes and all of. well the finance ministry officials attribute the slump that receipt figures to the major cash flow problems that enterprises are facing some of the latter are choosing not to pay for their vatican order to plug other holes caused by liquidity problems well the whole thing is a farce because the i.m.f. came in and they said if you don't take these austerity measures we're going to

we're going to have to cut you off the record of supply in your company we're going to freefall and you lose your bond rating so then the rating agencies came in like moody's and s. and p. and said well because of the austerity measures that you put in place and you're going to you're going to cut your credit rating anyway so the bond market collapse the income is collab the g.d.p. is collapse the entire song reduces collapse the use of the word sovereignty is not considered a terrorist act and the people around the parliament building and jump to square. well max now plugging these holes is the only thing we have since going off the gold standard the story about the vat receipts declining because enterprises are plugging their holes or taking any cash they get and filling in their debt holes their black holes of debt it sounds like what happened with m.f. global of course. move global. the most are from the do come from global germy dorman this is only the most beef from customer love

a segregated accounts of the respect them or just steal the money. well here's a headline on m. of global mulcher with last days an m.f. global collapse and investigation in the us by the trustee for m.f. global has revealed the brokerage misuse customer funds five days before the new york based parent company filed for bankruptcy in october the three month investigation into the us parent also shed light on the growing chaos inside m.f. global during its final days as customers were pulling funds from the broker that specialized in derivatives and high risk trading products now. who actually went bust whose money was stolen it wasn't people engage in high risk trading products this is the same sort of propaganda that we see in the first headlines you can act like a banker you cannot pay taxes you you cannot believe in regulation you could dump

all sorts of toxins into the environment but as long as you don't believe in the gold standard you're fine here the same thing these were small farmers mostly who had all of their money stolen but to the population at large they're saying they were engaged in high risk trading small farmers who use the futures markets to reduce risk of farming this is what futures markets are creating but in the last days of m.f. global the speculators like corazon and jamie diamond who are taking the opposite trade from the farmers and leveraging that by a thousand times and then putting that risk out into the public domain to be absorbed by the derivatives market that ends up being forced it on countries like greece anyway they're the ones are being victimized who look to them as. i could buy my yacht payment last moment. to do some damage and he doesn't crawl eyes and cries and there should be a permanent mark up side of this guy's keester but no he just goes to the

street like everything's fine even though he's the frickin terrorist ok states never thanks much for being on the kaiser report thank you max don't go away much more coming away so stay right there. we'll. it's technology innovation all the developments around russia we've got the future are covered. download the official t. application to go on the phone oh i pod touch from the i choose our store. one jaunty life on the go. video on demand teens mind the old costs and already says feeds now in the palm of your.

question on the altie dot com. fifty. fifty fifty fifty fifty

. keyser welcome back to the kaiser report time now to go to new york and speak with francine mckenna who operates a blog review auditor's dot com a specialized news sign about the business of the big four on it for arms including price waterhouse cooper where she previously worked shows a rise from forbes francine welcome to the kaiser report thanks for having me let's talk about m.f. global the m.f. global client funds have been vaporized and then found and then vaporized and goes over many times here with the money ever been to be found where is this money well i don't believe any of the latest reports because they keep talking about legitimate transactions this money is gone it's not coming back because i think that it disappeared as a result of an illegitimate transaction you don't have legitimate transactions real

things like sales of assets to goldman sachs who are borrowing against a line of credit at j.p. morgan that doesn't result in money actually missing and they've actually admitted that it's been missing ever since the thirty first when they went bankrupt just before the thirty first there was a huge outflow of cash right to said credit tours who apparently had some inside information this was about to blow up is that true well there was a report out today that perhaps they started moving customer assets even earlier than they thought the twenty sixth and that's consistent with some theories that i've put out which says that once they thought they were in the clear and they had handed the c.m.e. group the last report that said everything was in order they sort of moving assets around and i think my theory is that they pledged them for a line of credit to try to get through the weekend they planned on selling the company and then maybe putting those assets back.